Shandong Xiantan (SZ:002746)2024-07-08 08:28Financial Performance - The estimated net profit attributable to shareholders for the first half of 2024 is projected to be between 26 million and 34 million CNY, representing a decline of 83.27% to 87.21% compared to the same period last year, which was 203.28 million CNY [3]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between -18 million and -10 million CNY, a decrease of 105.75% to 110.35% from 173.87 million CNY in the previous year [3]. - The basic earnings per share is projected to be between 0.0302 CNY and 0.0395 CNY, down from 0.24 CNY in the same period last year [3]. - The decline in profit is attributed to the lackluster market performance of terminal products and a decrease in chicken product sales prices compared to the previous year [4]. Sales and Market Performance - The sales volume of prepared dishes increased by 61.88% year-on-year, while sales revenue rose by 64.00% [5]. - The company is committed to developing the prepared dishes segment, which is seen as a new growth point for future revenue [5]. Operational Strategies - The company is focusing on optimizing feed formulas, improving production performance, and enhancing breeding effectiveness to increase efficiency and reduce costs [4]. - A dedicated R&D team has been hired to innovate and improve products, with a marketing center established in Shanghai to enhance the value chain [5]. Caution and Disclosure - The performance forecast has not been audited by an external accounting firm, and specific performance data will be disclosed in the 2024 semi-annual report [6]. - Investors are advised to make cautious decisions and be aware of investment risks due to the preliminary nature of the financial estimates [6].